NetLink Trust

Last updated
NetLink Trust
SGX: CJLU
Industry Telecommunications
Founded2011
Area served
Singapore
Website https://www.netlinktrust.com/

NetLink Trust, formerly known as OpenNet, is the owner, designer, builder and operator of the passive fibre network structure (comprising ducts, manholes, fibre cables and central offices) of Singapore's Next Generation Nationwide Broadband Network (NGNBN). [1] [2]

Contents

The NGNBN is a project under the Intelligent Nation 2015 master plan [3] by the Infocomm Media Development Authority of Singapore, which seeks to transform Singapore into an intelligent nation and global city, powered by info-communications.

NetLink Trust held an initial public offering in 2017, under the name NetLink NBN Trust, at which point it was a subsidiary of Singtel. [4]

NetLink NBN Trust is registered as a business trust under the Business Trusts Act, Chapter 31A of Singapore, and was listed on the Main Board of the Singapore Exchange Securities Trading Limited on 19 July 2017. [5]

History

In 2008, OpenNet, a consortium comprising Axia NetMedia Corporation, Singtel, Singapore Press Holdings and SP Tel, is selected as the Network Company to design, build and operate the passive infrastructure for the Next Gen NBN. [6]

In 2009, OpenNet is issued a Facilities-Based Operator Licence for it to commence the roll-out of the Next Gen NBN. [7] Starting 2010, OpenNet began rolling out optical fibre to homes, offices and buildings in Singapore. [8]

In 2011, Singtel established NetLink Trust as part of the commitments made by the OpenNet consortium, and appoints CityNet Infrastructure Management Pte Ltd to carry out the business of establishing, installing, operating and maintaining the assets transferred from SingTel to support the operations of OpenNet. [9] [10]

In 2012, OpenNet rolled out fibre coverage to 95% of all residential homes and non-residential premises in Singapore. [11]

In 2013, OpenNet is acquired by CityNet, which will act as a Trustee-Manager for NetLink Trust. [12] In 2014, OpenNet was fully integrated into NetLink Trust. [13]

Network and infrastructure

The extensive Next Gen NBN, which delivers ultra-high-speed internet access of 1 Gbit/s and above throughout mainland Singapore, covers all residential homes and non-residential premises, and its connected islands. It comprises three distinct layers [14] to provide effective open access to downstream operators.

Awards and accolades

Incident

In 2014, OpenNet was fined $240,000 by the Infocomm Development Authority Of Singapore, for failing to provide fibre broadband services to non-residential users on time. [2]

Related Research Articles

<span class="mw-page-title-main">Telecommunications in Singapore</span> Description of telecommunications in Singapore

The telecommunication infrastructure of Singapore spans the entire city-state. Its development level is high, with close accessibility to the infrastructure from nearly all inhabited parts of the island and for all of the population, with exceptions. Today, the country is considered an international telecommunications hub, an achievement that was driven by Singapore's view that high-quality telecommunications is one of the critical factors that support its economic growth.

<span class="mw-page-title-main">Telecommunications in Australia</span> Overview of telecommunications in Australia

Telecommunications in Australia refers to communication in Australia through electronic means, using devices such as telephone, television, radio or computer, and services such as the telephony and broadband networks. Telecommunications have always been important in Australia given the "tyranny of distance" with a dispersed population. Governments have driven telecommunication development and have a key role in its regulation.

Singtel Optus Pty Limited is an Australian telecommunications company headquartered in Macquarie Park, a suburb in the Northern Sydney region of Sydney, New South Wales, Australia. It is a wholly owned subsidiary of Singaporean telecommunications company Singtel.

<span class="mw-page-title-main">Singtel</span> Telecommunications company in Singapore

Singapore Telecommunications Limited, commonly known as Singtel, is a Singaporean telecommunications conglomerate, the country's principal fixed-line operator and one of the four major mobile network operators operating in the country.

<span class="mw-page-title-main">TPG (Internet service provider)</span> Australian internet service provider

TPG is an Australian internet service provider that specialises in consumer and business internet services as well as mobile telephone services. As of August 2015, TPG is the second largest internet service provider in Australia and is the largest mobile virtual network operator. As such, it has over 671,000 ADSL2+ subscribers, 358,000 landline subscribers and 360,000 mobile subscribers, and owns the second largest ADSL2+ network in Australia, consisting of 391 ADSL2+ DSLAMs. It also operates in New Zealand.

<span class="mw-page-title-main">StarHub</span> Singaporean telecommunications company

StarHub Limited, commonly known as StarHub, is a Singaporean multinational telecommunications conglomerate and one of the major telcos operating in the country. Founded in 1998, it is listed on the Singapore Exchange (SGX).

<span class="mw-page-title-main">M1 (Singaporean company)</span> Telecommunication company in Singapore

M1 Limited is a Singaporean telecommunications company and one of the major telcos operating in the country. M1 was founded in 1994 and traded on the Singapore Exchange from 2002 to 2019. M1 is a subsidiary of the Keppel Corporation and Singapore Press Holdings through their joint venture, Konnectivity.

The Infocomm Media Development Authority (IMDA) is a statutory board under the Singapore Ministry of Communications and Information (MCI).

Internet in Australia first became available on a permanent basis to universities in Australia in May 1989, via AARNet. Pegasus Networks was Australia's first public Internet provider in June 1989. The first commercial dial-up Internet Service Provider (ISP) appeared in capital cities soon after, and by the mid-1990s almost the entire country had a range of choices of dial-up ISPs. Today, Internet access is available through a range of technologies, i.e. hybrid fibre coaxial cable, digital subscriber line (DSL), Integrated Services Digital Network (ISDN) and satellite Internet. In July 2009, the federal government, in partnership with the industrial sector, began rolling out a nationwide fibre-to-the-premises (FTTP) and improved fixed wireless and satellite access through the National Broadband Network. Subsequently, the roll out was downgraded to a Multi-Technology Mix on the promise of it being less expensive and with earlier completion. In October 2020, the federal government announced an upgrade by 2023 of NBN fibre-to-the-node (FTTN) services to FTTP for 2 million households, at a cost of A$3.5 billion.

In Singapore, there are 11,512,900 broadband Internet subscribers. There are three major Internet service providers in Singapore, namely, Singtel, StarHub, and M1 and other growing providers like MyRepublic and ViewQwest. Over the years, the Singapore Government has been promoting the usage of broadband Internet access, as part of its Intelligent Nation 2015 (iN2015) and Smart Nation initiative.

<span class="mw-page-title-main">Singtel TV</span> Pay television service by Singtel, Singapore

Singtel TV is a pay television service provided by Singtel in Singapore. It is transmitted through Singtel's broadband network via an IPTV platform which uses Ericsson Mediaroom as its end-to-end software platform. It is a service that allows multimedia content – including linear channels and on-demand content – to be viewed on any television set. The internet protocol television service utilises IP set-top boxes (STBs), connected through Singtel optical fibre broadband service. The Singtel TV IPTV network currently has more than 425,000 subscribers. Singtel TV is Singtel's integrated gateway for home users upon which the company is delivering multiple IP-based communication services.

<span class="mw-page-title-main">Wireless@SG</span> Wireless broadband programme

Wireless@SG is a wireless broadband programme developed by the Infocomm Development Authority (IDA) of Singapore as part of its Next Generation National Infocomm Infrastructure initiative, being part of the nation's 10-year masterplan called Intelligent Nation 2015 (iN2015).

Intelligent Nation 2015 (iN2015) is a 10-year master plan by the Government of Singapore to improve Singapore's infocomm infrastructure over the next decade. Led by the Infocomm Development Authority of Singapore (IDA), iN2015 involves several organizations.

Axia NetMedia designs and operates the wholesale component of several "Open Access" fibre based internet and data networks. Axia operates the Alberta SuperNet and is half owner of Covage networks, developing high speed networks in France. It as also been awarded the tender for the Singapore fibre network as part of the OpenNet consortium with Singapore Telecom, and has placed a bond to allow it to submit a proposal for Australia's National Broadband Network.

The Ultra-Fast Broadband initiative is a New Zealand Government programme of building fibre-to-the-home networks covering 87% of the population by the end of 2022. It is a public–private partnership of the government with four companies with total government investment of NZ$1.5 billion.

<span class="mw-page-title-main">NBN Co</span> Australian government broadband network provider

NBN Co Limited, known as simply nbn, is a publicly owned corporation of the Australian Government, tasked to design, build and operate Australia's National Broadband Network as the nation's wholesale broadband provider. The corporation reports to two shareholder ministers: the Minister for Finance and the Minister for Communications.

<span class="mw-page-title-main">National Broadband Network</span> Telecommunications network in Australia

The National Broadband Network (NBN) is an Australian national wholesale open-access data network. It includes wired and radio communication components rolled out and operated by NBN Co, a government-owned corporation. Internet service providers, known under NBN as retail service providers or RSPs, contract with NBN to access the data network and sell fixed Internet access to end users.

<span class="mw-page-title-main">Great World MRT station</span> Mass Rapid Transit station in Singapore

Great World MRT station is an underground Mass Rapid Transit (MRT) station on the Thomson–East Coast line (TEL). Located in River Valley, Singapore, the station is near the Great World shopping mall and surrounding residential developments. The station is operated by SMRT Trains.

MyRepublic Group Limited is a Singaporean communications service provider. Launched in 2011, MyRepublic currently operates in Singapore and licenses its platform to operators in Brunei and Indonesia.

ViewQwest is a Singaporean Internet service provider (ISP) that provides fiber broadband services to both businesses and residential users. Established in 2001, ViewQwest initially provided businesses with Internet connectivity. In January 2012, the company entered the residential fiber broadband market following Infocomm Development Authority of Singapore's launch of the Next Generation Nationwide Broadband Network (NGNBN) in 2010.

References

  1. "OpenNet ceases to exist; is renamed NetLink Trust" . Retrieved 7 October 2020.
  2. 1 2 "OpenNet fined S$240,000 for poor quality of service" . Retrieved 7 October 2020.
  3. "Singapore iN2015 Masterplan Offers a Digital Future for Everyone". Infocomm Media Development Authority. Retrieved 3 October 2020.
  4. Zhong, Isabella (28 June 2017). "NetLink Trust IPO: What's In It for SingTel Shareholders?". Barron's . Retrieved 3 October 2020.
  5. "NetLink NBN Trust makes muted debut on SGX despite strong response to IPO". Nikkei Asia. 19 July 2017. Retrieved 19 November 2020.
  6. "Singapore's Next Generation National Broadband Network To Be Nationwide by 2012". Infocomm Media Development Authority. Retrieved 3 October 2020.
  7. "Singapore's Nationwide Next Generation National Broadband Network Deployment On Track". Infocomm Media Development Authority. Retrieved 3 October 2020.
  8. "Supercharging Singapore 2010 and beyond". graphics.straitstimes.com. Retrieved 3 October 2020.
  9. Tacadena, Gerv (11 July 2017). "Singtel to divest majority stake in NetLink Trust". Singapore Business Review. Retrieved 18 March 2022.
  10. "Singapore's SingTel sets up business trust for broadband assets". Reuters. 25 July 2011. Retrieved 18 March 2022.
  11. "OpenNet fibre reaches 95% of homes and offices". www.asiaone.com. 15 October 2012. Retrieved 3 October 2020.
  12. "IDA Approves CityNet's Acquisition of OpenNet with Conditions". Infocomm Media Development Authority. Retrieved 3 October 2020.
  13. "OpenNet ceases to exist; is renamed NetLink Trust". The Straits Times. 1 October 2014. Retrieved 3 October 2020.
  14. "Next Gen NBN". netlinktrust.com. Retrieved 3 October 2020.
  15. "Netlink Nbn Trust Tops the Latest Governance Index for Trusts (Gift)". Governance For Stakeholders. 1 August 2019. Retrieved 19 November 2020.
  16. "NetLink NBN Trust: Named Most Transparent Company, REITs & Business Trust Category, At SIAS 20th Investors' Choice Awards". Share Investor. 27 September 2019. Retrieved 19 November 2020.